The federal government says 174,574 persons have registered
for the N75 billion micro, small, and medium enterprise (MSME) survival fund
within 48 hours.
The portal opened on September 21 as part of efforts to
mitigate the effect of the COVID-19 pandemic on businesses and citizens.
Mariam Katagum (pictured), the minister of state for
industry, trade and investment, gave this update while addressing journalists
on Thursday.
“Registration for the MSME Survival Fund commenced on the September 21, 2020 at 11pm. Within 24 hrs, approximately 138,000 individuals had logged on, created profiles & completed the first stage of registration with Kano, Kaduna and Lagos as the lead states,” Katagum said.
The ministry said all successful applicants in the first
stage received verification via SMS and email with a list of requirements for
the second stage of application which will commence on October 10, 2020.
It said applicants will be required to upload details
supporting their applications which will be verified and if successful,
approved for disbursements.
According to the ministry, Kano (16,880); Kaduna (11,438);
Lagos (10,530), Katsina (7,354), and Bauchi (6,622) states recorded the highest
number of applications in the first 24 hours of registration.
It said on Thursday by 8:30 am, the total successful
registrations stood at 174,574 with Kano (19,895); Kaduna (13,575); Lagos
(13,640); Katsina (8,383); and the federal capital teerritory (FCT) with 8,085,
were the states that had the highest applications.
Registration for the interested parties in the hospitality
industry will start on September 25 at 10am, payroll support for other
industries will kick off on September 28 while artisans and transporter can
begin registering on October 1, 2020.
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